
US and China on a knife's edge over Taiwan ahead of Xi-Biden phone call
CNN
No one can afford to look weak.
The latest American showdown with China was sparked by leaked plans for a possible visit by House Speaker Nancy Pelosi to Taiwan -- and is particularly dangerous because it is driven by domestic politics on both sides of the Pacific.
The spat is worsening already poor relations between the United States and China, as their 21st century superpower tussle takes shape. It also complicates a call expected as soon as Thursday between US President Joe Biden and Chinese leader Xi Jinping.

President Donald Trump issued a stark threat to defense contracting companies on Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military hours before saying he’d decided to substantially increase the defense budget.












